Sainsbury has reported that a focus on food quality, price and innovation helped its supermarket business grow food transactions ahead of the market in its latest interim results for the 28 weeks to September 23 2017.
Sainsbury has “worked with suppliers” to cut its prices lower than the other big four supermarkets, claimed the retailer in its first-quarter trading report.
Sainsbury’s food business remains resilient in a difficult market, the supermarket says, as the group’s full-year profits before tax fell 8.2% to £503M in the 12 months to March 11.
Sainsbury, Britain’s second largest retailer, has warned of turbulent times ahead related to Brexit, as it reported a 0.5% drop in like-for-like sales.
Sainsbury may be lagging behind in the supermarket price war, according to one analyst, after the retailer posted its second consecutive quarter of falling sales, which the retailer blamed on a dip in food prices.
Tesco and Sainsbury have recalled a number of their own-label pasta products, after the Food Standards Agency (FSA) declared the products, manufactured by Belgian firm Noliko, might contain pieces of rubber.
Sainsbury has posted worse than expected quarter one (Q1) results in the wake of increased competition – but they are “far from a car crash” – a leading City analyst has claimed.
Sainsbury has rejected claims from Unite the union that it plans to axe up to 850 jobs, days after spending £1.4bn to buy Argos owner, the Home Retail Group.
Sainsbury will phase out multi-buy promotions by August 2016, after a survey found shoppers felt they were out of step with attitudes towards waste, health and value.
Sainsbury’s 17.9% slump in underlying pre-tax half year profits to £308M reveals the challenges facing the whole food industry, according to a leading retail analyst.
Tesco, Asda, Sainsbury and Morrisons must make more of what they do best with food and drink in their fight back against the discounters Aldi and Lidl, a leading analyst has claimed.
Supermarkets should declare income from suppliers, in line with recommendations from corporate reporting regulator the Financial Reporting Council (FRC), according to a food industry accounting expert.
Sainsbury has been left “licking self-inflicted wounds” after its results announcement today (May 6), according to leading food industry analyst Clive Black.
Sainsbury boss Mike Coupe’s appeal hearing in an Egyptian court against his two-year jail sentence has been postponed until Thursday May 21, as the retailer revealed its first loss in a decade in full-year results posted today (May 6).
Tesco and Sainsbury shoppers are most likely to vote Conservative, Asda and Morrisons customers favour Labour and the UK Independence Party (UKIP) has the highest support among Sainsbury’s shoppers.
Jail sentences for Sainsbury’s chief executive Mike Coupe and its former boss Justin King lead our Good news, bad news sideways look at this week’s top food industry headlines.
Houses near a Waitrose store are worth 12% – or £38,831 – more than those elsewhere, while proximity to an Aldi shop can cut their price by 3%, according to research from Lloyds Bank.
Sainsbury cut the price gap between it and discount retailers such as Aldi and Lidl in its fourth financial quarter (Q4), reflecting the discounters’ flagging momentum, a leading analyst has claimed.
Sainsbury’s suffering can “only intensify” according to one analyst, as the retailer’s poor third financial quarter (Q3) results highlighted its vulnerability should Tesco begin to recover from a tough 2014.
Analysts have cautiously welcomed Sainsbury’s trading figures for the first half of its financial year, but claim the supermarket chain has a “mountainous challenge” ahead of it.
Sainsbury’s falling profits and sales – revealed in first-half results for its 2015 financial year – show the pressure exerted by hard discounters Aldi and Lidl, according to retail and city analysts.
Sainsbury will open the first six stores in its joint venture with Netto on November 6, but the supermarket chain’s proposition needs serious thought, according to a leading food analyst.
Sainsbury’s third consecutive quarter of falling like-for-like sales represents a watershed, not just for the beleaguered retailer but the whole fast-moving UK grocery sector, agreed most City and retail analysts. Here, we capture their verdict, at a...
Sainsbury shows signs of tackling its “worrying” reversal of fortunes, shifting towards consistent low pricing, according to a leading food industry analyst.
Morrisons has denied claims it will suffer from Netto’s re-entry onto the British supermarket scene, despite analyst claims it could prove vulnerable to a renewed round of price cutting.
Small and start-up food and drink firms have been offered the chance to pitch their businesses to retail buyers and potentially secure listings in their stores, as part of a new government-backed initiative.
Sainsbury ceo Justin King – who is widely credited with reviving retailer’s once flagging fortunes – is to quit the supermarket this July, after 10 years at the helm.
Sainsbury’s third quarter results for the 14 weeks to January 4 2014 were greeted with relief by City analysts, as the supermarket’s boss Justin King pledged to stay at the helm – at least for the short to medium term.
Supermarket Tesco’s interim results reflected a “pretty awful” performance in Europe according to one analyst as Sainsbury continued its unbroken run of like-for-like sales growth in its latest financial quarter.
10 small food and drink businesses will get the chance to pitch their products to the head buyers for Sainsbury as part of a new initiative to provide companies with a direct route onto retailers’ shelves.
All of Britain’s multiple retailers have failed to achieve the targets for salt reduction in their ham and other cured meat products under the government’s Public Health Responsibility Deal (PHRD).
Britain’s third largest supermarket Sainsbury has taken full control of Sainsbury’s Bank, after acquiring the remaining 50% shareholding from Lloyds Banking Group for £248M.
Supermarket chain Sainsbury has dodged the worst impact of the horsemeat scandal and posted better than expected financial results for its fourth quarter and year to March 16, driven mainly by non food items.
Food price inflation is expected to stabilise over the next few months – despite recent reports of big food price increases from Waitrose – according to market research organisation BRC-Nielsen.
Dragons’ Den’s sauce manufacturing sisters Lisa and Helen Tse are on the road to achieving their dream of making their Chinese sauces as big as Levi Roots’ Reggae Reggae brand.
The threat of falling foul of the forthcoming Groceries Code Adjudicator has saved Sainsbury’s food and drink suppliers from having their payment times extended, according to the Forum of Private Business (FPB).
